MicroStrategy's Bitcoin Investments Yield Billions in Profits, Analysts Issue Buy Ratings with $12B Portfolio Valuation
MicroStrategy, led by Michael Saylor, has seen significant gains from its Bitcoin investments, with unrealized profits reaching billions. Analysts have issued buy ratings and price targets for MicroStrategy stock, with expectations tied to Bitcoin's future price. The company's Bitcoin portfolio valuation has surpassed $12 billion, driving substantial increases in stock value and personal wealth for Saylor.
Sources
Wu Blockchain
MicroStrategy founder Michael Saylor's personal wealth has increased by about $700 million in the past three days. MicroStrategy shares rose 40% in three days. Saylor owns 12% of the company. He also disclosed in 2020 that he personally held 17,732 Bitcoins.…
Mario Nawfal’s Roundtable BENCHMARK ISSUES BUY RATING AND $990 PRICE TARGET FOR MICROSTRATEGY Benchmark, a boutique investment banking firm, initiated coverage of MicroStrategy with a buy rating and a share price target of $990. The firm anticipates a bullish trajectory for MicroStrategy, driven by the… https://t.co/4Jou6WCkFF
CNBC Bitcoin bull Michael Saylor nets $700 million in gains on three-day pop in crypto and MicroStrategy https://t.co/d4O1D50ZEM
Additional media
